Our Expertise
For All Areas
Debt Capital Markets
Our debt capital markets team is a leader in its field. We have structured and implemented some of New Zealand's most notable debt capital raisings.
Our specialists have a comprehensive understanding of the markets and their regulatory framework. We work collaboratively with our clients, other advisers, and our equity capital markets group, to find the best solutions for our clients' borrowing objectives.
Our experience has had us acting for issuers (corporates, financial institutions, and local authorities), underwriters, managers, arrangers, trustees, paying agents, and bondholders. We have advised on the full spectrum of debt securities transactions, both wholesale and retail. This includes bond and note issues (secured, unsecured, and credit-wrapped), commercial paper programmes (including mortgage and asset-backed programmes), and the issuance of hybrid and convertible/exchangeable instruments.
Our Experience
- Auckland local government - $350 million listed bond issues by Auckland City Council and Manukau City Council (the two largest bond issues by local authorities in New Zealand), and assumption of the bond obligations by Auckland Council upon their merger into the new "supercity"
- Auckland Council - $500 million secured commercial paper programme and $500 million medium-term note programme
- GE Capital New Zealand - $2 billion commercial paper programme
- Goldman Sachs JBWere - lead manager on Vector's $1 billion credit-wrapped bond issue
- Coca-Cola Amatil (NZ) - United States private debt placement, wholesale issue of medium-term notes (MTNs), and accession by the New Zealand issuer to the Australian group's US$2 billion wholesale euro-MTN programme
- Fisher & Paykel Finance - $400 million receivables-backed master trust securitisation programme
- Guinness Peat Group - various capital note issues, ranging from $200 million to $350 million
- Kommuninvest - establishment of bond issuance programme to allow for the issue of Kauri bonds
- Toll Group - private placement of US$275 million notes in the United States
- Spotless - private placement of US$160 million notes in the United States
- Mighty River Power - private placement in the United States of US$275 million notes (acting for the United States investors)
What next?
Our People:
- Partners
- Shelley CaveShelley Cave
- Peter EadyPeter Eady
- Andrew HarknessAndrew Harkness
- Peter HintonPeter Hinton
- Don HolborowDon Holborow
- Michael PollardMichael Pollard
- Special Counsel
- Steve FlynnSteve Flynn
- Nicole XanthopolNicole Xanthopol
- Senior Associates
- Laurette BarnardLaurette Barnard
- Mary SmythMary Smyth
- Joost van AmelsfortJoost van Amelsfort
